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April 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Fayetteville, Business Loans > Chambers Bank - No. Arkansas Fayetteville Business Loans > Water, Sewer, And Pipeline Construction Loan | ||||
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SBA Lenders That Lend to Arkansas Small Businesses
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Chambers Bank - No. Arkansas Gives Small Business Loan to Water, Sewer, And Pipeline Construction CompanyArkansasSmall business loans are available to Arkansas small business owners through the SBA. In this case, an Arkansas bank provides the loan. You can learn something about getting a small business loan in Fayetteville, Arkansas by studying this loan to a local company, made back in 2001. Banks like Chambers Bank - No. Arkansas may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION SBA Loan Lender CHAMBERS BANK - NO. ARKANSAS The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 234910 - Water, Sewer, and Pipeline Construction Loan Approval Date 3/13/2001 Loan Approval Gross Amount $175,700 Loan Approval from the SBA Of the total $175,700 loan amount, the SBA guaranteed $131,775. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $175,700. How would you spend $175,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Role of Business Plan When Raising Money Where to Get an SBA Loan in Fayetteville, Arkansas
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